iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Update

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 558,171 shares, a growth of 401.8% from the February 26th total of 111,227 shares. Based on an average daily trading volume, of 897,962 shares, the short-interest ratio is currently 0.6 days. Currently, 2.2% of the company’s stock are sold short.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.6%

Shares of NASDAQ:COMT opened at $32.41 on Thursday. The firm has a market cap of $816.73 million, a price-to-earnings ratio of -15.66 and a beta of 0.23. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12 month low of $23.11 and a 12 month high of $33.94. The company’s fifty day simple moving average is $28.70 and its 200 day simple moving average is $27.19.

Institutional Investors Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kingdom Financial Group LLC. acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth approximately $30,000. Tucker Asset Management LLC acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter worth about $31,000. Triumph Capital Management bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the third quarter worth $33,000. EFG International AG bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter valued at $45,000. Finally, Principia Wealth Advisory LLC grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 509.7% in the 4th quarter. Principia Wealth Advisory LLC now owns 2,396 shares of the company’s stock valued at $60,000 after buying an additional 2,003 shares during the period. Institutional investors and hedge funds own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company Profile

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.